Is the Gig Economy the Right Move for Your Career This Year?

January 25th, 2018

What is the gig economy you’ve been hearing about? The concept has been around for quite some time, but it has been gaining popularity since the mid-2000s, after the recession. The gig economy is predicated on employees accepting shorter term jobs, freelance projects, or engaging in other forms of revenue generating business outside the traditional employer-employee relationship. And the gig economy is only expanding, so is now the right time to look for a job or could a short-term project work for you?

Do you want a traditional job?

A traditional job may still be the right solution for many people. You can take a look at the pros and cons of traditional jobs and compare them to those for contract or freelance work. For example, a traditional job can provide long-term stability, which can be important to some people depending on their family or financial needs. But the gig economy may offer different benefits.

Are you flexible with your time and finances?

When looking at your lifestyle, do you have the flexibility to enter the gig economy market? Short-term and freelance jobs may have a less reliable stream of income and inconsistency can happen month to month. But once you build up your stable of jobs or take short-term contracts, you can find a rhythm that works for you both personally and financially.

How much stability do you need?

General stability will come into play as well as you explore the gig economy. What happens when you’re not working? Some people like the time off to work on personal projects, but others would rather stay working. The gig economy is also a hustle. You may have never been a salesperson before, but if you want to find new projects you need to learn to sell yourself. And short-term or freelance jobs could end at any time without warning.

Is ownership important to you?

But one common denominator in the gig economy is that most people who thrive love the control they have over their time and productivity. This sense of ownership can overcome some of the instability of the lifestyle. With good budgeting and planning, this can be freeing. As a part of the gig economy, you work for yourself. Even when taking a short-term project, you know you have control over your time and how you dedicate yourself to the project.

Work With a Top Staffing Agency in Deer Park TX

Are you interested in learning more about contract work or temporary job assignments? Contact the team at Meador Staffing, now hiring for temp jobs in Clear Lake TX.

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